The personal blog of Adam Nash

US Coin Melting Ban Tightens… Check Your Baggage for Change.

The Coin Collector’s Blog reports today the US Mint has finalized the melting ban on US coins, particularly pennies and nickels where the copper and zinc content now exceeds the value of the coins. They clearly want to avoid entrepreneurs buying pennies by the ton, shipping them offshore, and melting them down.

I posted about this phenomenon last yet… the value of Zinc and Copper have skyrocketed. The penny, despite its color, is mostly Zinc these days. Nickels, despite the name, are mostly Copper. Who knew?